Will Ripple’s Massive XRP Unlocks on June 1st Lead to a Market Drop?

On June 1st, Ripple is scheduled to unlock approximately $2.3 billion worth of XRP tokens from its escrow accounts. This significant release coincides with the SEC’s decision deadline regarding spot XRP ETFs on June 17th. Despite managing XRP supply through a controlled monthly release process since 2017, Ripple typically locks back a substantial portion of released tokens for future use. The question now is: will this large-scale unlock trigger significant selling pressure in the XRP market?